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Which loan program provides funds to a qualified Texas veteran to purchase a primary residence in Texas?

a) FHA Loan Program
b) VA Loan Program
c) USDA Rural Development Program
d) Conventional Loan Program

1 Answer

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Final answer:

The VA Loan Program provides funds to qualified Texas veterans for purchasing a primary residence. Despite the GI Bill's non-discriminatory intent, nonwhite veterans often faced difficulties utilizing these benefits due to restrictive practices like redlining.

Step-by-step explanation:

The loan program that provides funds to qualified Texas veterans to purchase a primary residence in Texas is the b) VA Loan Program. The GI Bill significantly contributed to enabling veterans to access home loans, making it feasible for millions of American families to transition from urban renters to suburban homeowners in the postwar period. However, it is important to note that while the GI Bill did not officially discriminate on the basis of race or ethnicity, the prevailing practices of the time, such as redlining and restrictive covenants, made it challenging for nonwhite veterans to effectively make use of these benefits.

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